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To: vette6387
“Capital account surpluses, and therefore current account deficits, are being driven primarily by foreign demand for U.S. assets” — not by unfair trade practices, cheap foreign labor or currency manipulation.”

And another term for that is liquidation: the owners (the USA as a whole) selling off assets to pay current obligations. Pretty strange that some economists think selling off assets is a positive trend. Maybe we'll someday settle all our foreign debt by selling off Alaska, or selling off drilling and mining and timber rights on federal lands. Wouldn't that be great.

18 posted on 04/02/2016 12:35:05 PM PDT by Will88
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To: Will88

In Donald’s history and business lesson today in Racine was currency manipulation. Oh wait, Donald doesn’t talk about specifics. This was only one topic he talked about and explained to his supporters. NATO and TPP hit on too besides many other topics for us uneducated supporters.


28 posted on 04/02/2016 12:46:12 PM PDT by STARLIT ((Tea Partier))
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